Loading…
Ethanol plants are expecting weaker margins as ample production and stagnant demand growth persist. CoBank says plants may close or exit, and consolidation is likely as the industry absorbs excess capacity.
Expected plant closures and lower ethanol output would reduce corn grind, which is bearish for corn demand over the coming year.
allagnews.comTony St. JamesJul 9, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
